Verizon

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Verizon NYC portfolio

$264.2 million -industrial 73%, office 24%, walkup 1%; Bronx 35%, Brooklyn 29%, Manhattan 22%*

784th largest portfolio by dollar value

467,396 sqft – industrial 68%, office 27%, walkup 4%; Brooklyn 36%, Manhattan 33%, Queens 17%

878th largest by SF

54 properties – Queens 31%, Brooklyn 29%, Manhattan 20%

160th largest

21 residential units – Bronx 100%

3692th largest by residential units

Top Ten Associated Companies:

Daten Group (1)

Recent activity as company:

Verizon for Derek Chin filed plans for new building for 58,880 sqft in East Williamsburg, Brooklyn, on January 15, 2024.

Verizon for Kevin Herb filed plans for new building for 154,140 sqft in Hell’s Kitchen, Manhattan, on February 09, 2023.

• Faizurahman Aminy, Abdul W. Aziz and Ahmad Aziz sold 362 Meserole Street for $30.9 million to Verizon on December 15, 2022.

Peter C. Marron sold 470 Zerega Avenue for $21 million to Verizon on November 17, 2022.

Edison Properties ground leased 618 12 Avenue valued at $50 million to Verizon on June 14, 2022.

Lightstone Group sold 325 Exterior Street for $74.7 million to Verizon on December 21, 2021.

Verizon sold 837 Atlantic Avenue for $17.2 million to Daten Group on December 18, 2019.

Latest Stories:

• Daten Group signs $59M refi with JLL for 135-unit rental in Clinton Hill (January 23, 2026)

• Verizon files plans for 154K sf storage building in Hell’s Kitchen (March 07, 2023)

• Daten Group signs $46.9M refi loan with H.I.G. Capital for 135-unit building in Clinton Hill (January 25, 2023)

• Verizon pays $30.9M for industrial in East Williamsburg (December 27, 2022)

• Verizon pays $21M for four properties in Castle Hill it previously leased (November 23, 2022)

• Verizon signs ground lease valued at $50M with Edison for office building in Hell’s Kitchen (June 29, 2022)

• Verizon pays $74.7M to Lightstone Group for industrial in Mott Haven (January 07, 2022)

• Lightstone Group signs $35M refi with Banco Inbursa for industrial in Mott Haven (September 27, 2021)

• Daten Group permitted for 135-unit mixed-use building in Clinton Hill (September 28, 2020)

• David Ennis’s Daten Group pays $17M to Verizon for property in Clinton Hill (January 16, 2020)

Properties:

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